Technology, by its very nature, simply keeps evolving. Existing structures that sustain themselves on control of information will steadily dwindle—open source is the imminent future.
There are many analysts who are saying (hoping) that the Fed will not raise rates three times in 2018, as it has said it will. If it does raise rates more sharply and/or more often—given the US economy is as close to full e
Clearly, shorting bitcoin is a BIG no-no. What about going long? Well, in my view, the risk, while again limited to your investment, is huge and, again, unmeasurable. With each passing day, technology is becoming less and les
Many years ago, when the rupee was constantly under threat to weaken, RBI often railed against speculators and, indeed, acted from time to time, for instance prohibiting domestic companies from rebooking cancelled forward con
When I was a child, I read a famous story about Chicken Little, a little chicken who was wandering around the farmyard one day when an acorn fell on his head.
As an USA (Unofficial Self-appointed Advisor) to the prime minister, I have prepared this speech on the subject of Making India Great Again for next week’s Mann Ki Baat.
There appears to be a serious disconnect between the Indian equity market, which has gained 35% in the last 15 months and the mood on the ground. This is quite different from the last equity rally, right after Modi’s Lok
The “greed is good” desecration of the American dream, which began accelerating since the early 1980’s, has ended—Wham! Bam!—with the election of Donald Trump as president.
Many—perhaps, most—companies in India consistently leave a lot of money on the table through increased import costs and/or lower export realisations because of weak FX risk management processes.
Given the huge uncertainty of what Trump wants to do and what he can actually do, it is likely that the Fed will remain sometimes behind and sometimes ahead of the inflation curve. This could prevent any further substantial d
The most significant event in the Indian FX market in 2016 was RBI Governor Raghuram Rajan’s surprise decision to demit his office before his term was up.
